# Portfolio overlap — PTYIX vs THYM Comparing **T. Rowe Price Tax-Free High Yield Fund** (2026-02-28) and **T. Rowe Price High Income Municipal ETF** (2026-02-28). - Shared positions: 80 - T. Rowe Price Tax-Free High Yield Fund covered by T. Rowe Price High Income Municipal ETF: 0.1167413424107161362097458428 - T. Rowe Price High Income Municipal ETF covered by T. Rowe Price Tax-Free High Yield Fund: 0.1167413424107161362097458426 ## T. Rowe Price Tax-Free High Yield Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.017232 | ✓ | | OH BUCGEN 5 06/01/2055 | 0.017094 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.010582 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND NATL 0.0% 12-15-33 | 0.010490 | | | GOLDEN ST TOBACCO SECURITIZATI REGD ZCP OID B/E 0.00000000 | 0.008297 | ✓ | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.005794 | ✓ | | California (State of) Community Housing Agency (Stonridge Apartments), Series 2021 A, RB | 0.005331 | | | WI PUBTRN 5.75 06/30/2060 | 0.005252 | ✓ | | TUSCLSA AL GOZ 5.25% 5/1/2044 | 0.005119 | | | Puerto Rico, General Obligation Bonds, Clawback Highway Transportation Authority Claims Taxable Series 2022 | 0.005002 | ✓ | | CITY OF BALTIMORE MD | 0.004909 | | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.004875 | | | MD HEFA 5.50% 1/1/2046 | 0.004781 | ✓ | | WI PUBFIN 4 08/01/2035 | 0.004684 | | | SIGNIA HOTEL MANAGEMENT LLC 5.0% 01-01-54 | 0.004520 | | | RESTRUCTURED-SER A1 | 0.004482 | | | OH ST AIR QUALI 5% 7/1/2049 | 0.004316 | ✓ | | California Community Housing Agency, Series 2021 A | 0.004249 | | | SALT VERDE FINL. CO 5.00% | 0.004183 | ✓ | | District of Columbia Tobacco Settlement Financing Corp., Series 2006 A, RB | 0.004108 | | | MD MDSDEV 5.25 06/30/2055 | 0.003992 | | | TX PRIVATE ACTIVITY | 0.003952 | | | BERKS PA MUN AU 3% 6/30/2044 | 0.003926 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2025 A, RB | 0.003739 | | | WI PUBTRN 6.5 12/31/2065 | 0.003711 | | | CUYAHOGA HOSP 5.5% 2/15/2057 | 0.003679 | | | CALIFORNIA COMMUNITY HOUSING AGENCY VERDANT AT GREEN VALLEY APARTMENTS 5.0% 08-01-49 | 0.003676 | | | Massachusetts Development Finance Agency | 0.003620 | | | NY TRANS CORP 5% 8/1/2031 AMT | 0.003610 | | | SHEFA SCHOOL 5.0% 06-15-51 | 0.003582 | | | CITY OF ATLANTA GA WESTSIDE TAX ALLOCATION DISTRICT GULCH AREA 0.0% 12-15-48 | 0.003572 | | | ST LOUIS MO SP 5.125% 9/1/2048 | 0.003563 | | | New Hampshire (State of) Business Finance Authority (Thomas Ranch), Series 2024, RB | 0.003518 | | | Aurora Crossroads Metropolitan District 2, Colorado, Limited Tax General Obligation Bonds, Series 2025A-3 | 0.003479 | | | County of Calhoun Hospital Finance Authority, Michigan, Hospital Revenue Bonds, Oaklawn Hospital, Refunding Series 2016 | 0.003457 | | | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE | 0.003425 | | | RESTRUCTURED-SER A1 | 0.003419 | ✓ | | COLORADO EDUCTNL & CULTURAL AUTH REVENUE | 0.003416 | | | ST LOUIS MO LD 5.375% 6/1/2043 | 0.003372 | | | CHICAGO ILL BRD ED CAP APPREC-SCH REFORM-B-1 FGIC | 0.003363 | | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 | 0.003328 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB | 0.003302 | | | Public Authority for Colorado Energy, Series 2008, RB | 0.003301 | | | BLACK BELT ENERGY GAS VAR | 0.003288 | | | Cleveland-Cuyahoga County Port Authority, Series 2018 | 0.003256 | | | RESTRUCTURED-SER A1 | 0.003253 | | | KY KYSDEV 5.25 06/01/2050 | 0.003233 | | | SKY HARBOUR CAPITAL LLC OBLIGATED GROUP 4.25% 07-01-54 | 0.003201 | | | UNITED STATES STEEL CORP 4.125% 12-01-26 | 0.003179 | | | VIRGIN ISLANDS HOTEL DEV FING REGD OID B/E 6.00000000 | 0.003124 | ✓ | ## T. Rowe Price High Income Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | GA GASHSG 4.95 06/01/2055 | 0.019731 | | | MAINE ST HSG AUTH MTGE PURCHAS REGD B/E 4.90000000 | 0.019721 | | | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/63 ADJUSTABLE VAR | 0.019536 | ✓ | | CHARLOTTE MECKLENBURG NC HOSP CHAMED 01/37 ADJUSTABLE VAR | 0.019536 | ✓ | | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | 0.019035 | | | MARYLAND ST ECON DEV CORP PRIV REGD B/E AMT 5.25000000 | 0.017645 | | | RESTRUCTURED-SER A1 | 0.017612 | ✓ | | IOWA ST FIN AUTH REVENUE | 0.015629 | | | MUNIBOND | 0.015083 | | | VIRGINIA SMALL BUSINESS FING A VASDEV 12/56 FIXED 5 | 0.014606 | | | OH BUCGEN 5 06/01/2055 | 0.012905 | ✓ | | CALIFORNIA ST STWD CMNTYS DEV CASDEV 09/40 FIXED 5 | 0.012694 | | | DELAWARE ST ECON DEV AUTH CHRT SCH REVENUE | 0.012040 | ✓ | | Puerto Rico, General Obligation Bonds, Clawback Highway Transportation Authority Claims Taxable Series 2022 | 0.011309 | ✓ | | DE ST EDA 5% 9/1/2046 | 0.010752 | | | SUMMIT OHI REV 6% 12/1/2058 | 0.010437 | ✓ | | MD HEFA 5.50% 1/1/2046 | 0.009854 | ✓ | | Rockdale (County of), GA Development Authority (Pratt Paper (GA), LLC), Series 2018, Ref. RB | 0.009800 | | | Chester County Industrial Development Authority, Pennsylvania, Revenue Bonds, Collegium Charter School Project, Series 2022 | 0.009766 | ✓ | | SALT VERDE FINL. CO 5.00% | 0.008921 | ✓ | | Black Belt Energy Gas District, Series D | 0.008676 | | | KY EDFA HOSP 5% 6/1/2045 | 0.008619 | ✓ | | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/35 FIXED 5 | 0.008578 | | | AL BBEUTL 5 07/01/2033 | 0.008472 | | | CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 4.25% 09-02-40 | 0.008443 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.008407 | | | TX DALAPT 11/01/2050 | 0.008383 | | | NY TRANSPRTN DEV CORP | 0.008333 | ✓ | | GOLDEN ST TOBACCO SECURITIZATI REGD ZCP OID B/E 0.00000000 | 0.008331 | ✓ | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 6.00000000 | 0.008305 | ✓ | | TOWER HEALTH OBLIGATED GROUP 5.0% 06-30-39 | 0.008293 | ✓ | | MED UNIV SC HOSP AUTH HOSP MTG MDUMED 05/46 FIXED 5.25 | 0.008248 | | | NY TRANS CORP 5.25% 8/1/2031 @ | 0.008178 | ✓ | | ARIZONA ST INDL DEV AUTH EDU REVENUE | 0.008091 | | | District of Columbia | 0.007925 | | | Wisconsin (State of) Public Finance Authority (Southminster), Series 2018, RB | 0.007890 | ✓ | | SAVANNAH HOSPITAL AUTHORITY | 0.007889 | | | CA MUNI FIN AUTH-A | 0.007886 | | | Cuyahoga County, Ohio, Hospital Revenue Bonds, MetroHealth System, Series 2017 | 0.007880 | | | PRATT PAPER OH LLC 4.25% 01-15-38 | 0.007876 | | | NEW YORK ST DR 5% 12/1/2031 | 0.007838 | ✓ | | New Hampshire (State of) Business Finance Authority (Vista (The)), Series 2019 A, RB | 0.007837 | ✓ | | NJSDEV 5.125 01/1/2034 | 0.007830 | | | New Hope Cultural Education Facilities Finance Corp., Series 2025 | 0.007820 | | | NEWPORT NEWS VA ECON DEV AUTH NEWDEV 12/29 FIXED OID 3.5 | 0.007817 | | | TX PABSTC 5% 6/30/2058@ | 0.007808 | ✓ | | TOBACCO SETTLEMENT AUTH IA TOB TOBGEN 06/39 FIXED 4 | 0.007749 | | | PENNSYLVANIA ST ECON DEV FING PASDEV 12/38 FIXED OID 4.125 | 0.007735 | | | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5 | 0.007731 | ✓ | | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/54 FIXED OID 5 | 0.007673 | ✓ | ## Sources - N-PORT (fund A) — accession `0001099263-26-004388` (as of 2026-02-28) - N-PORT (fund B) — accession `0001099263-26-004463` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _